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Welfare Analysis in International Sugar Trade: The Case of the EU-ACP Sugar Protocol


  • Moyo, Sibusiso
  • Spreen, Thomas H.
  • Gao, Zhifeng


Since its formation the European Union (EU) has employed a rather complicated policy to ensure high prices to domestic sugar growers and trade preferences to certain sugar exporting countries. One result of this policy is that the EU has been both the second largest importer and second largest exporter in the world market. Under pressure from the World Trade Organization (WTO), the EU agreed to reform its policies toward sugar in 2001, with the full effect of the reforms being fully implemented in 2006. In this paper, the impact of the EU sugar reform on global production, consumption, imports, and exports is examined. With a particular emphasis on the African Caribbean and Pacific (ACP) nations.

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  • Moyo, Sibusiso & Spreen, Thomas H. & Gao, Zhifeng, 2012. "Welfare Analysis in International Sugar Trade: The Case of the EU-ACP Sugar Protocol," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124573, Agricultural and Applied Economics Association.
  • Handle: RePEc:ags:aaea12:124573

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    1. Carolyn Kousky & Erzo Luttmer & Richard Zeckhauser, 2006. "Private investment and government protection," Journal of Risk and Uncertainty, Springer, vol. 33(1), pages 73-100, September.
    2. Howard Kunreuther, 2001. "Mitigation and Financial Risk Management for Natural Hazards*," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 26(2), pages 277-296, April.
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    International Relations/Trade;

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